Gov Paterson Towers II

195 20th Ave, Paterson, NJ 07501

Waiting List Forecast: Likely Long or Closed

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Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Dave's Thoughts On Gov Paterson Towers II

Since Gov Paterson Towers II participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Gov Paterson Towers II

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
30% AMI for PBRA Units	$27,250 / year	$31,150 / year	$35,050 / year	$38,900 / year	$42,050 / year	$45,150 / year	$48,250 / year	$51,350 / year
50% AMI for LIHTC Units	$45,400 / year	$51,850 / year	$58,350 / year	$64,800 / year	$70,000 / year	$75,200 / year	$80,400 / year	$85,550 / year
50% AMI for PBRA Units	$45,400 / year	$51,850 / year	$58,350 / year	$64,800 / year	$70,000 / year	$75,200 / year	$80,400 / year	$85,550 / year
80% AMI for PBRA Units	$66,750 / year	$76,250 / year	$85,800 / year	$95,300 / year	$102,950 / year	$110,550 / year	$118,200 / year	$125,800 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Gov Paterson Towers II

Does Gov Paterson Towers II have a waiting list?

Gov Paterson Towers II probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Gov Paterson Towers II?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Gov Paterson Towers II?

Gov Paterson Towers II is managed by Marzulli Real Estate headquartered in Bloomfield, New Jersey.

In addition to Gov Paterson Towers II, how many other affordable housing properties (and units) are there in Paterson?

In addition to Gov Paterson Towers II, we list 58 other affordable properties in Paterson. Learn about these properties here. Our data research shows that there are a total of 3587 affordable units in Paterson.